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i think the economy is not performing the way we would like. real wages have been stagnant in our country for more than a decade. think about that. at the time when the cost of college and a whole host of other things, health care has going up, real wages have been frozen. you're familiar with the budget problem that we face. there is a growing disparity between the haves and have nots in our society and that should concern all of us over time. and all these things are in some ways int related. so if i would pick one thing i would agree with what john had to say. what is our comparative advantage? how do we grow this economy in a very competitive world and in particular how do we empower, not just give but empower our citizens through hard work and thrift and all those sorts of things to enjoy some of the fruits of that growth particularly the third that aren't getting the education, the kids that aren't getting the quality of education that they need to be economically relevant in a competitive global economy. that's what i would focus on. i a
i think the economy is not performing the way we would like. real wages have been stagnant in our country for more than a decade. think about that. at the time when the cost of college and a whole host of other things, health care has going up, real wages have been frozen. you're familiar with the budget problem that we face. there is a growing disparity between the haves and have nots in our society and that should concern all of us over time. and all these things are in some ways int related....
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the economy is not performing we would like. real wages have been stagnant in our country for more than a decade. think about that. at the time when the cost of college and a whole host of health care is going up substantially. real wages have been frozen. you're all familiar with the budget problems that we face. there's a growing disparity have-nots haves and in our society. and that should concern all of us over time. allf these things are in some the interrelated with question of economic growth. if i had to pick one thing, i would agree with what john had to say. what's the comparative advantage. how do we grow this economy in a competitive world. in particular, how do we empower, again, not just give, citizens through hardwork and thrift and all those things to enjoy the fruits of the growth, particularly the third that aren't getting the education. the kids, let's say, that aren't quality of education we need to be economically an innovative global economy. that's what i would focus on. more ect you're a little concerned
the economy is not performing we would like. real wages have been stagnant in our country for more than a decade. think about that. at the time when the cost of college and a whole host of health care is going up substantially. real wages have been frozen. you're all familiar with the budget problems that we face. there's a growing disparity have-nots haves and in our society. and that should concern all of us over time. allf these things are in some the interrelated with question of economic...
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overall, these trends are encouraging news for families and our economy. they feel more secure in their own budgets. as you know, businesses in the united states have created more than 8 million new jobs. which is a perfect segue to something i just wanted to note. today, information that was released earlier this morning is jobs data and figures on job creation in november. i think it is worth noting when you look at this graph, not only was the economy in freefall, job loss was terrible at the end of 2008 and early 2009 when president obama took office, and not only has the trajectory been consistently in the right direction, if you will note when we first began positive job creation in the wake of the great recession, it was right around when the affordable care act past. this is obviously not a direct correlation. but we are moving the right direction. the information i cited in the beginning about the positive effects of the affordable care act for reduce in growth in health-care costs combined with the steady job creation we have seen for so many mon
overall, these trends are encouraging news for families and our economy. they feel more secure in their own budgets. as you know, businesses in the united states have created more than 8 million new jobs. which is a perfect segue to something i just wanted to note. today, information that was released earlier this morning is jobs data and figures on job creation in november. i think it is worth noting when you look at this graph, not only was the economy in freefall, job loss was terrible at...
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economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight percent with the autumn statement it's now at two point nine two percent so let's look at some of the lies that he had to tell in order to make the economy here look better well workers' overall pay has not fallen insists george osborne george osborne is to claim that workers overall pay has not fallen despite official figures showing that the wages of middle income families have dropped by five thousand pounds over the past five years so that's a drop of six point four percent according to the office of national statistics george osborne is saying those are a lie he's going to come out with his own report to show that in fact those numbers are deceptive yeah george osborne is thought so much a clown as he is one of these french mind and but he speaks which is kind of interesting for a mind he's more of a friend of mine it's a pentagon show and he believes these numbers do not tell the truth these are all
economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight percent with the autumn statement it's now at two point nine two percent so let's look at some of the lies that he had to tell in order to make the economy here look better well workers' overall pay has not fallen insists george osborne george osborne is to claim that workers overall pay has not fallen despite official figures showing that the wages of middle income families have...
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economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight percent with the autumn statement it's now a two point nine two percent so let's look at some of the lies that he had to tell in order to make the economy here look better well workers overall pay has not fallen insists george osborne george osborne is to claim that workers overall pay has not fallen despite official figures showing that the wages of middle income families have dropped by five thousand pounds over the past five years so that's a drop of six point four percent according to the office of national statistics george osborne is saying those are a lie he's going to come out with his only report to show that in fact those numbers are deceptive. for a new start so much a clown as he is one of these french minds and but he speaks which is kind of interesting for a mind he's more of a friend of mine it depends upon show and he believes that these numbers do not tell the truth these are all remote g
economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight percent with the autumn statement it's now a two point nine two percent so let's look at some of the lies that he had to tell in order to make the economy here look better well workers overall pay has not fallen insists george osborne george osborne is to claim that workers overall pay has not fallen despite official figures showing that the wages of middle income families have dropped...
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is there a connection between rebound in the economy and the healthcare act? >> the link is tha this law all thetually for attention to it now is more than three years old, that, you know, jobs growth, you might say, despite the affordable care act, despite the predictions from republicans and its other opponents that this killer, theob consistent description for it, and jay carney opened up his houseng at the white today by suggesting that the eachgrowth consecutively month have coincided with the time period in fact the affordable care act has been on the books. gwen: is that plausible? >> no. the one case they do have is that there are fewer people part-time involuntarily and that was supposed to be something that was going to happen because of the affordable care act. it looks like the shutdown and all that furor didn't really stop the economy. gwen: the word they've been using instead is because the resilient is why it's happened. that's the good news part of it goes so far because just under the surface, there was a lot of evidence of uncertainty. headed
is there a connection between rebound in the economy and the healthcare act? >> the link is tha this law all thetually for attention to it now is more than three years old, that, you know, jobs growth, you might say, despite the affordable care act, despite the predictions from republicans and its other opponents that this killer, theob consistent description for it, and jay carney opened up his houseng at the white today by suggesting that the eachgrowth consecutively month have...
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and this is the people who can't even afford to eat this is looking at the true state of the british economy now george osborne as we said he likes the deny the statistics deny the actual facts but tweet from the independent reads experts said government may be covering up how austerity and welfare cuts are adding to food crisis hunger in britain has reached the level of a quote public health emergency and the government may be covering up the extent to which all stared and welfare cuts are adding to the problem leading experts have said this is from the british medical journal and they spoke to a group of doctors senior academics and two leading universities all the way to calculate g.d.p. in this country is how many people are killing so it's really debt per death or a death so they'll be fuel poverty this winter meaning people will die like they did last winter and that will add to the g.d.p. so i was born talk about g.d.p. growth these are showing dead bodies and the first we looked at bodies over helps our g.d.p. growth. so the report by these doctors and universities. is that a surge i
and this is the people who can't even afford to eat this is looking at the true state of the british economy now george osborne as we said he likes the deny the statistics deny the actual facts but tweet from the independent reads experts said government may be covering up how austerity and welfare cuts are adding to food crisis hunger in britain has reached the level of a quote public health emergency and the government may be covering up the extent to which all stared and welfare cuts are...
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this is fascism, an economy that's supposedly privately owned but in reality, completely controlled, manipulated and as michelle said subsidized by government. we have billions of taxpayer dollars going to those -- i thought they were evil. they were supposedly evil. >> they are. >> the insurance companies to offset their losses, to share in their profits, subsidies for them and the unions get a free pass. this is obama's animal farm. >> when we were researching the story we pulled up that video tape of president obama and guess how he ended that sentence again, period. no more taxpayer funded bailouts, period. michelle, help me out here. >> what bothers me is that it seems every morning when we wake up there is a new fix to the law or we learn about this little known provision that they snuck in. this is providing this president with a blank check to the u.s. treasury for him to basically save him from the mess that he's in that day. every day there is something new. why not scrap the entire thing and start over again? >> there should be a fix when it's necessary. that's how effecti
this is fascism, an economy that's supposedly privately owned but in reality, completely controlled, manipulated and as michelle said subsidized by government. we have billions of taxpayer dollars going to those -- i thought they were evil. they were supposedly evil. >> they are. >> the insurance companies to offset their losses, to share in their profits, subsidies for them and the unions get a free pass. this is obama's animal farm. >> when we were researching the story we...
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, to address these problems. >> and despite their efforts, the economy's actually growing. the biggest problem, though, unfortunately, main street isn't feeling it. how do we have a conversation on poverty? that's a reason why the president's conversation is refreshing because he acknowledged a biggest principles that's holding us back, lack of information with equal education and access for everyone. >> you know, joe, i wanted to share pugh took a look at why are people poor? not surprisingly -- disappointingly not surprisingly, democrats said because of uncontrollable circumstances and 24% said lack of effort. for republicans, it was about exactly the reverse. 28% said uncontrollable circumstances versus 57% who said lack of effort. so, that is, of course, why the fake war on christmas that bill o'reilly is choosing to talk about is, you know, semantics rather than these issues of makers and takers, right? >> yeah. absolutely. and this whole thing of christmas versus holiday really is a distraction. it's a diversion from the statistics that you just pointed out. look. let
, to address these problems. >> and despite their efforts, the economy's actually growing. the biggest problem, though, unfortunately, main street isn't feeling it. how do we have a conversation on poverty? that's a reason why the president's conversation is refreshing because he acknowledged a biggest principles that's holding us back, lack of information with equal education and access for everyone. >> you know, joe, i wanted to share pugh took a look at why are people poor? not...
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we're going to make it for so many people hurting this economy. we're filled with taxes. we have tolls, we have property taxes -- >> it's not enough. what he's saying to me, it's not enough. >> every day, i pay 12 bucks to cross the george washington bridge. >> how would you know? did you see what your limo driver -- >> i read it in a newspaper. >> got you. >> you're not counting all the billions, tens of billions of dollars state and city bonds issue every year to build inf infrastructure. >> very good point. >> you didn't bring up the fact that we've been talking about an infrastructure prices for the last 30 years. >> yes, i did, you just saw a clip of the interview. i think you're very judgmental. that certainly came up. >> you're all out of your mind. the federal gas tax -- let's talk about one tax. the federal gas tax. it goes to the highway trust fund. it hasn't gone up in 20 years. but the cost of road repair and road construction has gone up 55%. >> you don't think a lot more people would drive? >> i think that the gas tax -- >> you think just because it hasn't b
we're going to make it for so many people hurting this economy. we're filled with taxes. we have tolls, we have property taxes -- >> it's not enough. what he's saying to me, it's not enough. >> every day, i pay 12 bucks to cross the george washington bridge. >> how would you know? did you see what your limo driver -- >> i read it in a newspaper. >> got you. >> you're not counting all the billions, tens of billions of dollars state and city bonds issue every...
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actually went and testified on behalf of our bankrupt competitors, i think we did the right thing for the economy and the united states of america at the time. [ applause ] >> stephen: how about detroit now? how do we save detroit? >> i would say. >> stephen: they just declared bankruptcy? how do you pay off that debt? you are still in michigan. >> dearborn. >> ten, 20 miles from detroit? what do we do? do we pay off the debt by just pulling the gold from the pensioners or do we just let the great moat reclaim dedetroit? what do we do? >> i think they are doing the right thing and addressing all of the areas of concern, everybody has to pull together and develop a better plan. the thing about ford, though, stephen is that even though we are not inside detroit itself we are very close as you said and all of our operations are there, our suppliers are there and based on the strength of our products we are actually growing profitably and hiring 15,000 new employees, which is the best we can do to help detroit. >> stephen: not union, though, you are not hiring union, are you? >> yes a lot are represe
actually went and testified on behalf of our bankrupt competitors, i think we did the right thing for the economy and the united states of america at the time. [ applause ] >> stephen: how about detroit now? how do we save detroit? >> i would say. >> stephen: they just declared bankruptcy? how do you pay off that debt? you are still in michigan. >> dearborn. >> ten, 20 miles from detroit? what do we do? do we pay off the debt by just pulling the gold from the...
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help the local economy. buy more lights. all from china. another christmas, a lot more money. >> got my young son to help her. >> this is what it's all ant. this display is for all the kids in brookmont which is my neighborho neighborhood from the big kid that lives here. >> what do you think? do you like it? very twinkley. a dog and reindeers and -- >> you did a great job. and santa is way up on the roof waving ♪ oh come all ye faithful >> well, here we go. this is the end product of a lot of work and we're going to see if this thing will come on. this is the last one we're going to do here in brookmont. in fact, the last one i'm going to do at a house. we're going to try this, 3, 2, whoa. it worked. from you go. by golly. another year, another house. last time. >>> thank you. >> yay. >> that was a great job. that was the best one. >> that was really nice. >> not yet. expensive, right? all the electricity? >> yeah, except you notice my neighbor next to me, talking about jewish people, they are and they leave for december so i plug in the
help the local economy. buy more lights. all from china. another christmas, a lot more money. >> got my young son to help her. >> this is what it's all ant. this display is for all the kids in brookmont which is my neighborho neighborhood from the big kid that lives here. >> what do you think? do you like it? very twinkley. a dog and reindeers and -- >> you did a great job. and santa is way up on the roof waving ♪ oh come all ye faithful >> well, here we go. this...
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find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune in to kaiser report on our. wonderful. there's a. little. bit about you with us here on our t.v. today i roll researcher. this week to try it became the largest municipal bankruptcy in u.s. history after a federal judge steven rhodes ruled that the insolvent city was eligible to file now this new ruling opens the door for the motor city to cut billions of dollars in payments to city employees retiree's investors and other creditors earlier i spoke with anthony randolph the director of economic research at the reason foundation about the city's bankruptcy troubles and i started off by asking him if he felt the judge's decision to greenlight detroit's chapter nine bankruptcy filing was the right thing to do. i did the made the right decision clearly detroit is insolvent and so the bondholders claims that they could raise taxes to pay off the stead or even sell things their assets are there are that they would have enough money from those sales to p
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune in to kaiser report on our. wonderful. there's a. little. bit about you with us here on our t.v. today i roll researcher. this week to try it became the largest municipal bankruptcy in u.s. history after a federal judge steven rhodes ruled that the insolvent city was eligible to file now this new ruling opens the door for the motor city to cut billions of...
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economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight percent with the autumn statement it's now at two point nine two percent so let's look at some of the lies that he had to tell in order to make the economy here look better well workers' overall pay has not fallen insists george osborne george osborne is to claim that workers' overall pay has not fallen despite official figures showing that the wages of middle income families have dropped by five thousand pounds over the past five years so that's a drop of six point four percent according to the office of national statistics george osborne is saying those are a lie he's going to come out with his own report to show that in fact those numbers are deceptive yeah so much a clown as he is one of these french mine and but he speaks which is kind of interesting for a mind he's more of a friend of mine it's a part of my show and he believes that these numbers do not tell the truth these are all real aggrieved th
economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight percent with the autumn statement it's now at two point nine two percent so let's look at some of the lies that he had to tell in order to make the economy here look better well workers' overall pay has not fallen insists george osborne george osborne is to claim that workers' overall pay has not fallen despite official figures showing that the wages of middle income families have...
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thanks to the latest news about the economy, and jobs in america. we learned today that last month's 203,000 new jobs were created, better than experts predicted. and look at the unemployment rate. down to 7%. and that's the lowest level since president obama took office, the lowest unemployment rate now in five years. >>> on the subject of jobs, our made in america team is back tonight. and thousands of you have already told us, you are in, and ready to buy american made gifts. it's this christmas season. what a gift to give. even just one thing could help create thousands of new jobs right here at home. you are signing up to give american workers a merry christmas, and abc's anchor david muir, captain of the team with us tonight. >> diane, we have reported on clothing right here, asking the simple question is anything made here in america any more. well, tonight not only are these jeans made here, this number right here is about to reveal everything. right down to the farmer, who grew the cotton. this week, our kickoff, made in america december to
thanks to the latest news about the economy, and jobs in america. we learned today that last month's 203,000 new jobs were created, better than experts predicted. and look at the unemployment rate. down to 7%. and that's the lowest level since president obama took office, the lowest unemployment rate now in five years. >>> on the subject of jobs, our made in america team is back tonight. and thousands of you have already told us, you are in, and ready to buy american made gifts. it's...
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because i'm not going to and i want to hear directly from the economy. i'm. going to try. to do. that i'm going to be a blue seat because you'll see us and we. have to continue talking peace and i'm biased against the government was a lot is on the front page of text. on and on the defensive speaker and i think the time of come for us to come see them in the light to find speed and seize in this stat or whether the methods which we have applied so far out adequate . but it's especially awkward and ironic for the corporate and political status for it to be remarked on mandela's legacy today because the vast majority of these people still support apartheid see a system that gives racial discrimination legitimacy is alive and well in a little country called israel and every year three billion dollars of taxpayer money is used to sponsor israel's apartheid state and oppression against the palestinians so as we commemorate the life of an amazing leader and civil rights activist let's not let them white wash his real legacy third that's our show you guys thanks for watching and have a
because i'm not going to and i want to hear directly from the economy. i'm. going to try. to do. that i'm going to be a blue seat because you'll see us and we. have to continue talking peace and i'm biased against the government was a lot is on the front page of text. on and on the defensive speaker and i think the time of come for us to come see them in the light to find speed and seize in this stat or whether the methods which we have applied so far out adequate . but it's especially awkward...
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majority will use the one person one vote electoral system to undo the inequality generated by the economy and so to prevent that the corporations control the parties the politicians the think tanks they give the money they provide the support and sold our politics becomes more and more disconnected from what the mass of people in detroit but in the country as a whole want and we get these outcomes that make no sense and that contradict the first basis of any real democratic system and what do you think about the pushback argument that you know it's either pay these promised pension funds or keep you till the service is operating you you make the choice i mean of course people are going to say well we have to keep the utility services operating. that's a little bit like saying to a person on the street i'm going to give you choice you can either have me stab you or i will know the answer to that the answer to that is never to argue which is the better way to go the answer to that is to say i don't mix. that choice and i don't accept the choice for detroit of either cutting the pensions or
majority will use the one person one vote electoral system to undo the inequality generated by the economy and so to prevent that the corporations control the parties the politicians the think tanks they give the money they provide the support and sold our politics becomes more and more disconnected from what the mass of people in detroit but in the country as a whole want and we get these outcomes that make no sense and that contradict the first basis of any real democratic system and what do...
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it will actually harm our economy. unemployment insurance is one of the most effective ways there is to boost our economy. when people have money to spend on basic necessities, that means more customers for our businesses and ultimately more jobs. >> the republicans are focusing on obama care. >> families who work hard and play by the rules deserve some basic choices, fairness and relief. that's why the house has passed legislation to delay the individual mandate for all americans and let you keep the plan you like. these proposals are among the dozens of jobs bill awaiting action in the democratic-run senate. >>> good news on the jobs front. 203,000 jobs were added in november, and the unemployment rate dropped to a five-year low of 7%. kristen welker, good saturday morning to you. what's the white house's take on the latest numbers? >> alex, good morning to you. the white house certainly touting the fact that the unemployment rate at its lowest level in five years. also highlighting the fact that a lot of this job gr
it will actually harm our economy. unemployment insurance is one of the most effective ways there is to boost our economy. when people have money to spend on basic necessities, that means more customers for our businesses and ultimately more jobs. >> the republicans are focusing on obama care. >> families who work hard and play by the rules deserve some basic choices, fairness and relief. that's why the house has passed legislation to delay the individual mandate for all americans...
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organization has agreed on a landmark deal which could provide a trillion dollar boost to the global economy the green is designed to speed up cross border trade by slashing red tape at customs checkpoints analysts say this will also give a lift to developing nations too by creating up to twenty million jobs there it's the first global trade deal of its kind but now has yet to be ratified ever by each government member state in mexico six people suspected of being that said truck with highly radioactive material in its medical scanner on board have been released from hospital one of the youngest suspect they'd sixteen was found of traces of radioactive poisoning though thankfully the men will remain in detention for further questioning that vehicle was carrying strictly dangerous cobalt sixty in a body therapy scanner unit when it was hijacked to gun point at the capitol earlier this week. it's one the world's most popular vacation spots but those who try to settle down in paris often find their romantic notions shattered. explains why it all looks great on paper but anyone with an aspiratio
organization has agreed on a landmark deal which could provide a trillion dollar boost to the global economy the green is designed to speed up cross border trade by slashing red tape at customs checkpoints analysts say this will also give a lift to developing nations too by creating up to twenty million jobs there it's the first global trade deal of its kind but now has yet to be ratified ever by each government member state in mexico six people suspected of being that said truck with highly...
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naacp i want to hear directly from the economy. and the number of them are going to try. to do. that i'm going to be a blue seat because you'll see us and we. have to continue talking peace and i'm biased against the government. is on the front page of text. on and on the defensive speaker and i think the time of come for us to come see them in the light to find speed and seize in this tattle way that the methods which we have applied so far out adequate. but it's especially awkward and ironic for the corporate and political status for it to be marking on mandela's legacy today because the vast majority of these people still support apartheid say a system that gives racial discrimination legitimacy is alive and well in a little country called israel and every year three billion dollars of taxpayer money is used to sponsor israel's apartheid state and oppression against the palestinians so as we come right the life of an amazing leader and civil rights activist let's not let them white wash his real legacy. that's our show you guys thanks for watching have a great weekend we'll s
naacp i want to hear directly from the economy. and the number of them are going to try. to do. that i'm going to be a blue seat because you'll see us and we. have to continue talking peace and i'm biased against the government. is on the front page of text. on and on the defensive speaker and i think the time of come for us to come see them in the light to find speed and seize in this tattle way that the methods which we have applied so far out adequate. but it's especially awkward and ironic...
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that the economy is improving, 39% believe the country is still in a downturn. and then when you break it apart by age. >> right. >> 34% of people under 50 say we're still headed in a downturn. 45% of people over 50 say we're headed in a downturn. let's start with you, amy. why are people not feeling these good numbers? and why are older americans feeling them worse? i mean, why is it a worse experience for them? >> the generational question is an interesting one, when you consider that young people have been having such a tough time finding jobs in an anemic job market for the past five years. but as to why so many americans feel like the economy is going in the wrong direction is because of five years of experience. now, while these numbers should make us cautiously optimistic, gdp growth was 3.6%, but that's still very slow. we've had one of the slowest, worst economic recoveries in american history, and i think people are really feeling that, and i think maria couldwell. the economic uncertainty, if you're 50, you're thinking about the retirement, what will
that the economy is improving, 39% believe the country is still in a downturn. and then when you break it apart by age. >> right. >> 34% of people under 50 say we're still headed in a downturn. 45% of people over 50 say we're headed in a downturn. let's start with you, amy. why are people not feeling these good numbers? and why are older americans feeling them worse? i mean, why is it a worse experience for them? >> the generational question is an interesting one, when you...
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their economy contracted by more than 58% last year. and it is precisely because of the international sanctions and the coalition that we were able to build internationally that the iranian people responded by saying we need a new direction in how we interact with the international community and how we deal with the sanctions regime. that's what brought president rouhani to power. he was not necessarily the first choice of the hard liners inside of iran. now, that doesn't mean that we should trust him or anybody else inside of iran. this it is a regime that came to power swearing opposition to the united states, to israel, and to many of the values that we hold dear. but what i've consistently said is even as i don't take any options off the table, what we do have to test is the possibility that we can resolve this issue diplomatically. and that is the deal that at the first stages we have been able to get done in geneva, thanks to some extraordinary work by john kerry and his counterparts in the p5-plus-1. so let's look exactly what we
their economy contracted by more than 58% last year. and it is precisely because of the international sanctions and the coalition that we were able to build internationally that the iranian people responded by saying we need a new direction in how we interact with the international community and how we deal with the sanctions regime. that's what brought president rouhani to power. he was not necessarily the first choice of the hard liners inside of iran. now, that doesn't mean that we should...
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the republicans have made it clear on any issue from the bucket, economy, jobs, health care, immigration you name it they will stand in the way of quote giving him a win. they don't want him to succeed. as we know, there have been two books wren that republicans collude before he was inaugurated to insure he would not be successful. so a president's job is to be hopeful and optimistic. that's what the president is being here, but that's not to say that he shouldn't try. because the president, while hopeful and optimistic. he's dealing with all these obstruction and impediments, he has to try, otherwise why be in the job? >> what's the point of the job. isaac, when you watched the interview, it was sort of interesting to watch a president expound at length about what it's like to be president while he's president. it is sort of an interesting experience we don't get to see. what were you seeing? what were you taking away from what you heard the president talking about this week? >> this was the first interview obama has done in a few weeks where he seemed back on hills game, he seemed con
the republicans have made it clear on any issue from the bucket, economy, jobs, health care, immigration you name it they will stand in the way of quote giving him a win. they don't want him to succeed. as we know, there have been two books wren that republicans collude before he was inaugurated to insure he would not be successful. so a president's job is to be hopeful and optimistic. that's what the president is being here, but that's not to say that he shouldn't try. because the president,...
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how accurate is it now in this new economy? how accurate of a gauge is it as to how well this economy's doing? >> john is a real expert here. the reality is these numbers constantly get revised and sometimes very dramatically. if it's 100,000 jobs created, it could be six months later, oh, it was 200,000 or it could be zero. the economy is not going to lose jobs when the jobs reports are showing we're creating them. they're not good at things like self-employment, entrepreneurs. >> john, for those people looking for jobs that are not low wage, who's hiring? where are the jobs? >> unemployment for college-educated workers is below 4%. so when you look at that 7% number, it represents a lot of people who have not gotten their high school education or maybe just have a high school education. if you have a college degree, we're seeing job growth in professional and business services, certainly in engineering which continues to be kind of a real driver of jobs, health care is net hire job creator over the last several years and hire
how accurate is it now in this new economy? how accurate of a gauge is it as to how well this economy's doing? >> john is a real expert here. the reality is these numbers constantly get revised and sometimes very dramatically. if it's 100,000 jobs created, it could be six months later, oh, it was 200,000 or it could be zero. the economy is not going to lose jobs when the jobs reports are showing we're creating them. they're not good at things like self-employment, entrepreneurs. >>...
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and stimulate the economies in the ways we've talked about a stimulation that happens from raising the minimum wage, putting those folks on the books, earning minimum wage positions and without the kind of wage that we see and paying tacks. phillip agnew and ovik roy, thank you both for being here. phillip, thanks for your point about the kind of coalition building that is part of this strategy. i greatly appreciate it. i'm glad you've had the opportunity to break your fast and thank you for your contribution to this effort. >> thank you very much. thank you for having pe. >> thank you, ovik,ing if being here. i hope you come back. we always like an economics debate between marc morial and you. that's high "nerdland" activity. when we come back, nelson mandela's first visit to the united states after being released from prison and how he touched american lives both then and now. if you've got copd like me, hey breathing's hard. know the feeling? copd includes emphysema and chronic bronchitis. spiriva is a once-daily inhaled copd maintenance treatment that helps open my obstructed airwa
and stimulate the economies in the ways we've talked about a stimulation that happens from raising the minimum wage, putting those folks on the books, earning minimum wage positions and without the kind of wage that we see and paying tacks. phillip agnew and ovik roy, thank you both for being here. phillip, thanks for your point about the kind of coalition building that is part of this strategy. i greatly appreciate it. i'm glad you've had the opportunity to break your fast and thank you for...
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that means 203,000 jobs were added to the economy. sounds like good news, but some economists say the numbers mask a pervasive problem just beneath the surface. record high unemployment among young americans. put these numbers into context, economist in the university of maryland business professor is here with us. good morning. >> good morning. >> so these numbers are being trumpeted all around by the president's supporters on various broadcasts we did yesterday as great news, but you say they're not what they appear to be. why? >> well, simply, the quality of jobs are not very good and most young people really are having a terrible time getting started in careers. you know, college graduates are still working at starbucks and the like, and we have a lot of college graduates who are really graduate students, not learning very much, because they can't find a job. piling up a lot of debt and so forth. >> so at what point is this assumption that every person needs to go a four-year college and then get a graduate degree going to fold un
that means 203,000 jobs were added to the economy. sounds like good news, but some economists say the numbers mask a pervasive problem just beneath the surface. record high unemployment among young americans. put these numbers into context, economist in the university of maryland business professor is here with us. good morning. >> good morning. >> so these numbers are being trumpeted all around by the president's supporters on various broadcasts we did yesterday as great news, but...